Coefficient for Transportation Carbon Dioxide Emissions, Residual Fuel for Illinois
EMISSCO2CRFACBILA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.80
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
This economic trend measures the coefficient for transportation carbon dioxide emissions from residual fuel oil usage in Illinois. It is an important indicator for understanding the environmental impact and energy efficiency of the transportation sector in the state.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The coefficient represents the amount of carbon dioxide released per unit of residual fuel oil consumed by the transportation industry in Illinois. This data helps policymakers and researchers analyze trends in emissions and energy usage as they develop strategies to improve environmental sustainability.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
This trend is used by government agencies, researchers, and industry analysts to track progress towards emissions reduction goals and inform transportation and energy policies.
Key Facts
- Illinois is a major transportation hub in the Midwest.
- Residual fuel oil is a high-density fuel used in some transportation applications.
- Reducing transportation emissions is a key strategy for meeting climate goals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient for carbon dioxide emissions from residual fuel oil used in the transportation sector in Illinois.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the environmental impact and energy efficiency of the transportation industry in Illinois, which is crucial for developing effective policies and strategies to reduce emissions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This trend is used by government agencies, researchers, and industry analysts to track progress towards emissions reduction goals and inform transportation and energy policies.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of the U.S. Energy Information Administration's data collection and reporting processes.
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Citation
U.S. Federal Reserve, Coefficient for Transportation Carbon Dioxide Emissions, Residual Fuel for Illinois (EMISSCO2CRFACBILA), retrieved from FRED.